Hogan Lovells advises GNIW on €500 million forward flow agreement with Fortress

Hogan Lovells advises GNIW on €500 million forward flow agreement with Fortress

Press releases | 03 February 2026

Led by partners Dr. Dietmar Helms and Martin Günther, global law firm Hogan Lovells has advised German prop-tech company GNIW (Gesellschaft für Nachhaltige Immobilienwirtschaft) on a forward flow agreement with global investment manager Fortress Investment Group. Under the terms of the agreement, GNIW aims to originate and scale a residential real estate portfolio in Germany, and funds managed by affiliates of Fortress Investment Group have agreed to purchase up to €500 million of assets.

GNIW, founded in 2018 and headquartered in Berlin, is Germany’s market leader in sale-and-leaseback solutions for single-family homes. Its innovative model enables homeowners to unlock property value while retaining lifelong residential rights, addressing long-term financial goals such as retirement security and care planning. The new agreement with Fortress significantly expands GNIW's funding base and lays the foundation for further structured growth. 

Hogan Lovells has advised GNIW comprehensively on all legal aspects of the transaction, including in particular the structuring and documentation of the forward flow arrangement, regulatory and real estate matters as well as tax-related issues. 

Hogan Lovells team for GNIW

Dr. Dietmar Helms (Partner, Capital Markets, Frankfurt);

Martin Günther (Partner, Real Estate, Munich);

Dr. Heiko Gemmel (Partner, Tax, Dusseldorf);

Dr. Jörg Herwig (Partner, Private Equity, Frankfurt).